Replies to post #33011 on Short Term Trading Member Forum

[DowDeva]

Lexux,

Capitulation days are not part of the Hurst modeling system. Not sure about that though. Arjunah would know better than I.

Deva

[Estimated_Prophet]

Bears always claim volume isn't good enough. Sometimes they are right, but often times it means there is still quite a bit more upside in the next 10 trading days or so. No capitulation day was required, from my readings of airedale. I believe the market making the triple bottom on the SPX here is only adding more credence to the 4.5 year low being in, just in a pause zone while overreacting to the fundamentals. Personally, I don't know if I completely believe that, but worth keeping note of.